UnitedHealth Provides Update On Change Healthcare Cyberattack; Reveals Progress In Restoring Change Healthcare Services
Portfolio Pulse from Benzinga Newsdesk
UnitedHealth has updated on the cyberattack on Change Healthcare, revealing progress in restoring services. Initial data sampling found files with PHI or PII, but no evidence of exfiltration of detailed medical records. Pharmacy services are nearly back to normal, with 99% of pharmacies processing claims as before.
April 22, 2024 | 9:47 pm
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POSITIVE IMPACT
UnitedHealth's update on Change Healthcare's cyberattack recovery shows significant progress, with no critical data breach and pharmacy services nearly fully restored.
The positive update on the recovery from the cyberattack and the restoration of services, especially the near-complete recovery of pharmacy services, is likely to reassure investors and could positively impact UnitedHealth's stock in the short term. The absence of evidence for exfiltration of sensitive medical records further mitigates potential negative fallout from the cyberattack.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90